According to a research report by 451 Market Monitor, the Cloud Computing marketplace will reach $16.7 billion in revenue this year, including the large and well-established SaaS category, compared to a revenue of $8.7 billion in 2010.
As for Big Data, the total Big Data market reached $11.4 billion in 2012 and is expected to reach $18.2 billion this year, according to a report published recently by Wikibon. IDC says Big Data will be $24B market by 2016.
Put simply, there’s a massive transformation under way from buying IT to IT being a broker for service providers and IT consumed on demand.
Then comes Software-Defined Networking. Like Big Data, SDN is a trend that is changing the landscape of the networking industry today. Enterprises are expecting more agility from their data center plumbing to properly accommodate innovation that’s going on in other departments.